Truck Driver Shortage Threatens Pace Of Permian Oil Production Growth
Regulatory and recruitment headwinds are hitting oilfield trucking in a time of rising demand.
HEADLINES: Saudi Energy Minister Calls OPEC Output Boost ‘Inevitable’
Also this week, Phillips 66 to expand Texas NGL project. Meanwhile, Exxon Mobil and Plains pursue Permian pipeline JV and Pioneer sells Colorado assets.
Frac Spread: Ethane Stars In 30-Somethings Reboot
Ethane clears 30-cent hurdle for the first time in over four years but rest of NGL remain static.
Executive Interview: EnLink’s Cindy Jaggi Talks GIP, Permian Growth
EnLink’s Cindy Jaggi discusses working with Global Infrastructure Partners, as well as driving process efficiency and effectiveness.
Crude Oil
IEA Warns Of Potential ‘Supply Gap’ Ahead Of Key OPEC Meeting
The IEA forecast a 1.5 million-barrel drop in oil supply from OPEC members Venezuela and Iran.
Anjli Raval, Financial Times
Acquisitions & Divestitures
M&A Forecast For 2018: ‘Mixed But Promising’
KPMG analysts are bullish about a pickup in oil and gas deal making, with foreign investment expected in the U.S. renewables market.
Crude Oil
Production Delays To Halt $10 Billion Worth Of Crude Despite Boom In US Exports
As U.S. exports continue to soar, the capacity shortfall will force production to flatline.
Crude Oil
The Shifting Balance Of Global Energy Power
At KPMG’s annual Global Energy Conference, confidence in the global economy abound, but political uncertainty and Asia’s growing energy demand shapes the role of the U.S. energy on the world stage.
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Its Spectra acquisition vaulted Enbridge to the top of the chart. Boosted by booming LNG exports, Cheniere Energy warped higher by 30 places.
Efforts to make the “Sparkling City by the Sea” the next big midstream spot for exports are underway.
Myths surround FERC’s income tax ruling and its impact on MLPs.
They say the best place to find new oil and gas reserves is where hydrocarbons already have been found. That’s certainly the case with southeastern Oklahoma’s Arkoma Basin.
So what do I like about conferences? They provide a great opportunity to get a feel for what’s going on out there in the oil patch.